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    What to do next in the face of bad economy? 1 PPOR & 4 IPs

    Thanks skater. I'm just a worry wort, is all. Just putting out feelers to see what people think of the market right now in Sydney. I think we live pretty comfortably and within our means. We splurge out once in a long while also like our 4 month trip to Asia and Europe. I think we have...
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    What to do next in the face of bad economy? 1 PPOR & 4 IPs

    No no it's just the general economy. I work in a fortune 100 so that's why I hear it more often when people are talking about a competitor cutting staff by _%. Makes me nervous :) I'm not a foreign investor if that is what you are asking.
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    What to do next in the face of bad economy? 1 PPOR & 4 IPs

    I do a lot of hand wringing. Hence still up now pondering if and how much investment I should put in now to renovate our PPOR or just do it before we sell it later on (say in 5 years time).
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    What to do next in the face of bad economy? 1 PPOR & 4 IPs

    This is because we bought 3 IPs late last year, with the last one settling mid Dec. Luckily the tenant wanted to stay on for a $30 price hike on the rent. Out of the 3 that I bought, 2 have already gone up in price against comparable properties so I'm quite happy with one increasing 10% in 2...
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    What to do next in the face of bad economy? 1 PPOR & 4 IPs

    Haha. Like the fat spider imagery! Too much hand wringing because I take after my dad who is a risk averter. I think I've come a long way already under his influence. :) But you are right I think we can go forth again.
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    What to do next in the face of bad economy? 1 PPOR & 4 IPs

    Yes, I wasn't intending to sell. They have done well and still have some legs in them yet. My question was really around whether you guys think that we should hold tight for now or continue to invest using equity or cash? I think we are more conservative and don't like to take toooo many...
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    What to do next in the face of bad economy? 1 PPOR & 4 IPs

    Thanks everyone for your feedback. Yes we planned the purchases and they are indeed in Sydney. We do have our savings in the PPOR's offset account. I think I will have a think about what our strategy is. I think we are stuck between aggressive & passive.... Anyways, thanks for food for...
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    What to do next in the face of bad economy? 1 PPOR & 4 IPs

    I think I've finally found the right section to post this... Situation: - My husband & I are in our early 30s with a combined income of $220K - $300K p.a - We have about $60K savings. - Our own mortgage is about $1800/month - We bought our PPOR in 2010 & 4 other properties subsequently. -...
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